Ascott Names New Executives to Development

The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment, today announced that it is expanding its global business development team with the appointment of Ryan Chan and Dulaphan Amatyakul as Vice Presidents of Business Development. Both Ryan and Dulaphan will report to Serena Lim, Chief Growth Officer at Ascott, who was appointed earlier this year.

Ryan will play a key role in supporting Ascott’s business development strategies to grow the group’s current portfolio in both existing and new markets. Focusing on Japan, Korea, the Philippines, Middle East, Africa, Turkey and India, he will also take the lead in aspects of financial feasibility and deal support for new business strategies. Ryan joins Ascott from Far East Hospitality where he expanded the business through strategic initiatives and prior to that, he was based in Bangkok as Group Director of Development of Dusit International. A seasoned development professional, Ryan brings with him over 15 years of sectorial knowledge and experience covering markets in Asia Pacific and the Middle East including Southeast Asia and emerging cities in China. He holds a Bachelor of Science (Real Estate), Honours from the National University of Singapore.

Based in Bangkok, Dulaphan will focus on the development of Ascott’s business strategies to drive growth in Thailand, Vietnam, Myanmar, Laos and Cambodia. With more than 15 years of related experience in investment management, corporate and investment banking, as well as hotel operations, Dulaphan was Senior Vice President, Investment & Business Development atConduit House Holdings (Thailand) prior to joining Ascott. There, he was involved with various regional hospitality projects in Asia Pacific and oversaw all related investment transactions for the company. He also held senior roles in asset management and hospitality firms such as MFC Asset Management PCL, Valor Hospitality Partners Asia and DTGO Corporation Limited. Dulaphan holds an MBA from the Mahidol University International College in Thailand.